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Author Question: When the Fed extends loans to depository institutions A) it increases the level of reserves. B) ... (Read 230 times)

shofmannx20

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When the Fed extends loans to depository institutions
 
  A) it increases the level of reserves.
  B) it decreases the level of reserves.
  C) it reduces the total value of the assets on its balance sheet.
  D) it reduces the total value of the liabilities on its balance sheet.

Question 2

The double coincidence of wants problem is solved by
 
  A) credit markets.
  B) government intervention.
  C) the use of money.
  D) specialization.



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voltaire123

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Answer to Question 1

A

Answer to Question 2

C





 

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